Fueled by growth in the Internet of Things, venture capital investment in cyber-physical security startups is forecast by Lux Research to reach $400 million in 2016, after rising 78 percent year over year to $228 million in 2015.
Bitglass, a provider of mobile cloud security for the enterprise, has secured another $25 million in venture capital funding, adding to the $10 million it has already raised, the company announced Tuesday.
Check out the hottest mobile IT stories for July 10, including the latest numbers on Jello Labs funding, the expected growth of smartphones for 2018, what kind of product makes up the majority of wearables, the technology TechNavio says is fueling software sales and what the big tech companies will do next to track customers.
It seems everyone has a crystal ball and a prediction for the next big thing in mobility, but when the analysis comes from someone actually putting their money where their mouth is, it's worth pausing to listen.
Venture capital firms are pouring money into healthcare IT, and mobile health companies are getting the largest share of that funding.
On the heels of launching its Thunder portfolio of Unified Application Service Gateways in July, A10 Networks has now announced it secured $80 million in new equity investment funding.
Blue Jeans Network, a leading player in the interoperable video collaboration services space, has just received $50 million in new venture capital funding. The funds will be used to help the company expand its cloud-based videoconferencing network both domestically and globally.
Venture capitalists are apparently feeling all warm and fuzzy over the cloud these days, with large sums being invested in new cloud computing ventures.
Unified communications and VoIP startup Telcentris has signed an agreement with Pepperwood Partners pledging assistance in securing up to $40 million in venture capital funding
Venture capital firms are increasingly looking to the machine-to-machine market for investment opportunities, noted market research firm Frost & Sullivan.